Bitcoin at $86K as Tom Lee and iTrustCapital CEO Call End of Downturn
Bitcoin traded at $86,423 as Tom Lee and iTrustCapital CEO Kevin Maloney said the worst is over, despite a rate hike and failed crypto bill.
Bitcoin traded at $86,423 as Tom Lee and iTrustCapital CEO Kevin Maloney said the worst is over, despite a rate hike and failed crypto bill.
Australia's preliminary S&P Global PMIs for September are due Wednesday, with markets focused on inflation signals ahead of expected RBA hike on Sep 29.
Richmond Fed President Barkin said inflation risks outweighed employment risks in last week's rate hike, and sees the economy firming, leaving the door open…
Fed's Collins says a stronger labor market allows policymakers to focus on price stability after five years of high inflation.
The Philadelphia Fed nonmanufacturing index dropped to -22.0 in September, its lowest since June, while full-time employment hit a four-year high.
RBA Governor Michele Bullock highlighted inflation risks from the Middle East and excess demand, and noted rising neutral rates, suggesting higher-for-longer…
Central bankers flagged persistent inflation risks amid quiet Asia-Pacific trading, with New Zealand and Australian dollars gaining on hawkish remarks.
RBA's Bullock says supply shocks are hard for policy to manage, focusing on second-round effects, reinforcing the hawkish stance ahead of the Sept 28-29…
RBNZ's Breman sees higher oil prices lifting near-term inflation above forecasts, without committing to a policy move ahead of October.
St. Louis Fed President Musalem said rates likely need to rise further, warning inflation may stay above target in 18 months without more restraint.
Deutsche Bank strategist Henry Allen warns markets underestimate how far central banks must hike rates, citing a gap between market pricing and inflationary…
ECB's Lane said the euro area economy will grow steadily if the energy shock remains contained, with inflation rising again before easing from mid-2027.
RBA Governor Bullock speaks in a fireside chat ahead of the September 28-29 meeting, with a rate hike widely expected.
St. Louis Fed's Musalem said further rate hikes are likely needed, with inflation still too high. Markets price a 55% chance of an October hike.
BoC's Macklem says fuel margin normalization may take time, worrying for inflation. Q4 growth forecast cut to 0.75%.